Trade DraftKings Inc. - DKNG CFD

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40.56

2.29%

0.26

Low: 40.25

High: 42.35

Market Trading Hours* (UTC) Opens on Monday at 13:30

Mon - Fri: 13:30 - 20:00

Summary
Historical Data
Events
Income Statement
Balance Sheet
Cash Flow

Trading сonditions

Spread

0.26

Long position overnight fee

-0.026179%

Short position overnight fee

0.003957%

Overnight fee time

21:00 (UTC)

Min traded quantity

Currency

USD

Margin

Stock exchange

United States of America

Commission on trade

*Information provided by Capital.com

DraftKings Inc ESG Risk Ratings

High Medium Low Negligible

‘D’ score indicates poor relative ESG performance and insufficient degree of transparency in reporting material ESG data publicly.

More ESG coverage

Key Stats

Prev. Close*	41.51
Open*	41.6
1-Year Change*	98.85%
Day's Range*	40.25 - 42.35
52 wk Range	13.41-39.35
Average Volume (10 days)	12.10M
Average Volume (3 months)	270.90M
Market Cap	17.50B
P/E Ratio	-100.00K
Shares Outstanding	859.26M
Revenue	3.29B
EPS	-2.19
Dividend (Yield %)	N/A
Beta	1.86
Next Earnings Date	Feb 14, 2024

All data is provided by Refinitiv, except for data marked with an asterisk, which is *data provided by Capital.com

Last Week
Last Month
Last Year
Last two Years
Max

Daily
Weekly
Monthly

Date	Close	Change	Change (%)	Open	High	Low
Apr 18, 2024	41.51	-0.88	-2.08%	42.39	42.47	41.24
Apr 17, 2024	42.07	-2.99	-6.64%	45.06	45.63	42.07
Apr 16, 2024	44.83	0.53	1.20%	44.30	45.40	43.57
Apr 15, 2024	43.62	-1.01	-2.26%	44.63	45.38	43.27
Apr 12, 2024	44.05	-0.41	-0.92%	44.46	44.98	44.00
Apr 11, 2024	45.29	0.42	0.94%	44.87	45.71	44.10
Apr 10, 2024	44.81	0.08	0.18%	44.73	45.85	44.52
Apr 9, 2024	45.34	0.03	0.07%	45.31	45.59	44.41
Apr 8, 2024	45.42	-1.76	-3.73%	47.18	47.37	45.15
Apr 5, 2024	47.04	1.75	3.86%	45.29	47.28	45.00
Apr 4, 2024	45.15	-0.26	-0.57%	45.41	47.68	45.15
Apr 3, 2024	44.72	0.25	0.56%	44.47	45.12	44.09
Apr 2, 2024	44.51	0.59	1.34%	43.92	44.78	43.50
Apr 1, 2024	44.77	-0.49	-1.08%	45.26	45.45	43.99
Mar 28, 2024	45.28	-0.80	-1.74%	46.08	46.21	44.72
Mar 27, 2024	45.26	-3.97	-8.06%	49.23	49.50	44.36
Mar 26, 2024	48.48	0.34	0.71%	48.14	49.20	48.12
Mar 25, 2024	47.24	0.38	0.81%	46.86	47.57	46.26
Mar 22, 2024	47.01	-0.56	-1.18%	47.57	48.51	47.01
Mar 21, 2024	47.85	1.10	2.35%	46.75	48.18	46.33

DraftKings Inc. Events

Time (UTC)	Country	Event
Thursday, May 2, 2024
Time (UTC) 10:59	Country US	Event Q1 2024 DraftKings Inc Earnings Release Q1 2024 DraftKings Inc Earnings Release Forecast - Previous -
Monday, May 13, 2024
Time (UTC) 14:00	Country US	Event Draftkings Inc Annual Shareholders Meeting Draftkings Inc Annual Shareholders Meeting Forecast - Previous -
Tuesday, May 14, 2024
Time (UTC) 14:00	Country US	Event DraftKings Inc Annual Shareholders Meeting DraftKings Inc Annual Shareholders Meeting Forecast - Previous -
Thursday, August 1, 2024
Time (UTC) 10:59	Country US	Event Q2 2024 DraftKings Inc Earnings Release Q2 2024 DraftKings Inc Earnings Release Forecast - Previous -

View all events

Annual
Quarterly

	2022	2021	2020	2019	2018
Total revenue	2240.46	1296.03	614.532	323.41	226.277
Revenue	2240.46	1296.03	614.532	323.41	226.277
Cost of Revenue, Total	1484.27	794.162	346.589	103.889	48.689
Gross Profit	756.188	501.863	267.943	219.521	177.588
Total Operating Expense	3752.22	2857.64	1457.79	469.955	303.058
Selling/General/Admin. Expenses, Total	1949.7	1809.82	942.566	310.137	221.484
Research & Development	318.247	253.655	168.633	55.929	32.885
Operating Income	-1511.76	-1561.62	-843.256	-146.545	-76.781
Interest Income (Expense), Net Non-Operating	18.702	13.908	-1.07	4.348	0.666
Net Income Before Taxes	-1442.96	-1517.64	-1231.89	-142.197	-76.115
Net Income After Taxes	-1375.09	-1525.91	-1231.27	-142.255	-76.22
Equity In Affiliates	-2.895	2.718	-0.566	-0.479	0
Net Income Before Extra. Items	-1377.99	-1523.19	-1231.83	-142.734	-76.22
Net Income	-1377.99	-1523.19	-1231.83	-142.734	-76.22
Income Available to Common Excl. Extra. Items	-1377.99	-1523.19	-1231.83	-142.734	-76.22
Income Available to Common Incl. Extra. Items	-1377.99	-1523.19	-1231.83	-142.734	-76.22
Diluted Net Income	-1377.99	-1523.19	-1231.83	-142.734	-76.22
Diluted Weighted Average Shares	436.513	402.492	305.593	396.892	396.892
Diluted EPS Excluding Extraordinary Items	-3.15681	-3.78441	-4.03097	-0.35963	-0.19204
Diluted Normalized EPS	-3.12089	-3.74247	-4.07042	-0.33648	-0.18677
Other, Net	50.096	30.065	-387.565

	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022
Total revenue	874.927	769.652	855.133	501.938	466.185
Revenue	874.927	769.652	855.133	501.938	466.185
Cost of Revenue, Total	510.323	521.74	485.435	372.692	312.767
Gross Profit	364.604	247.912	369.698	129.246	153.418
Total Operating Expense	943.972	1159.44	1087.35	956.966	775.107
Selling/General/Admin. Expenses, Total	343.743	549.609	518.526	507.975	385.138
Research & Development	89.906	88.088	83.394	76.299	77.202
Operating Income	-69.045	-389.785	-232.222	-455.028	-308.922
Interest Income (Expense), Net Non-Operating	12.745	11.14	10.324	6.301	1.929
Other, Net	-19.996	-17.016	-10.669	1.46	8.742
Net Income Before Taxes	-76.296	-395.661	-232.567	-447.267	-298.251
Net Income After Taxes	-76.947	-397.029	-242.281	-450.444	-217.025
Equity In Affiliates	-0.323	-0.119	-0.416	-0.05	-0.078
Net Income Before Extra. Items	-77.27	-397.148	-242.697	-450.494	-217.103
Net Income	-77.27	-397.148	-242.697	-450.494	-217.103
Income Available to Common Excl. Extra. Items	-77.27	-397.148	-242.697	-450.494	-217.103
Income Available to Common Incl. Extra. Items	-77.27	-397.148	-242.697	-450.494	-217.103
Diluted Net Income	-77.27	-397.148	-242.697	-450.494	-217.103
Diluted Weighted Average Shares	462.432	455.081	449.218	448.331	437.033
Diluted EPS Excluding Extraordinary Items	-0.16709	-0.8727	-0.54027	-1.00482	-0.49677
Dividends per Share - Common Stock Primary Issue	0	0		0	0
Diluted Normalized EPS	-0.16029	-0.8689	-0.50584	-0.98963	-0.4691

Annual
Quarterly

	2022	2021	2020	2019
Total Current Assets	2084.84	2753.33	2194.3	261.148
Cash and Short Term Investments	1778.82	2629.84	2104.98	220.533
Cash	469.653	476.95	287.718	144
Cash & Equivalents	1309.17	2152.89	1817.26	76.533
Total Receivables, Net	211.18	97.813	74.771	29.844
Accounts Receivable - Trade, Net	51.097	45.864	44.522	10.016
Prepaid Expenses	94.836	25.675	14.558	10.771
Total Assets	4040.15	4069.05	3439.33	330.725
Property/Plant/Equipment, Total - Net	126.059	109.85	108.904	25.945
Property/Plant/Equipment, Total - Gross	181.662	150.254	68.077	32.949
Accumulated Depreciation, Total	-55.603	-40.404		-7.004
Goodwill, Net	886.373	615.655	569.603	4.738
Intangibles, Net	776.934	535.017	555.93	33.939
Long Term Investments	10.08	9.825	2.955	2.521
Other Long Term Assets, Total	155.865	45.377	7.632	2.434
Total Current Liabilities	1246.46	929.425	554.412	255.08
Accounts Payable	10.148			16.618
Accrued Expenses	494.319	12.814	12.837	68.677
Notes Payable/Short Term Debt	0	0	0	6.75
Other Current Liabilities, Total	741.99	528.874	317.942	163.035
Total Liabilities	2717.46	2390.53	807.984	380.305
Total Long Term Debt	1251.1	1248.45	0	68.363
Long Term Debt	1251.1	1248.45	0	68.363
Deferred Income Tax	71.299	79.125	72.066	0
Other Liabilities, Total	148.6	133.524	181.506	56.862
Total Equity	1322.69	1678.53	2631.34	-49.58
Common Stock	0.084	0.08	0.079	0.018
Additional Paid-In Capital	6750.06	5702.39	5067.13	949.186
Retained Earnings (Accumulated Deficit)	-5131.8	-3753.81	-2230.62	-998.784
Treasury Stock - Common	-332.133	-306.614	-288.784	0
Other Equity, Total	36.488	36.488	83.534	0
Total Liabilities & Shareholders’ Equity	4040.15	4069.05	3439.33	330.725
Total Common Shares Outstanding	843.589	800.795	789.317	789.906
Payable/Accrued		387.737	223.633

	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022
Total Current Assets	1967.92	1719.02	1805.76	2084.84	2193.08
Cash and Short Term Investments	1587.58	1494.81	1524.6	1778.82	1964.01
Cash	475.984	381.097	436.935	469.653	581.355
Cash & Equivalents	1111.6	1113.71	1087.67	1309.17	1382.65
Total Receivables, Net	237.263	141.554	165.959	211.18	130.445
Accounts Receivable - Trade, Net	27.778	32.401	41.423	51.097	40.991
Prepaid Expenses	143.079	82.655	115.194	94.836	98.627
Total Assets	3861.52	3606.26	3739.27	4040.15	4192.05
Property/Plant/Equipment, Total - Net	142.107	118.283	123.077	126.059	132.929
Goodwill, Net	886.373	886.373	886.373	886.373	894.019
Intangibles, Net	718.958	734.633	754.509	776.934	788.647
Long Term Investments	9.63	9.638	9.961	10.08	8.746
Other Long Term Assets, Total	136.526	138.316	159.598	155.865	144.134
Total Current Liabilities	1528.46	1077.24	1231.89	1246.46	1285.17
Payable/Accrued	594.067	436.265	508.725	517.587	560.794
Accrued Expenses	12.132	3.305	3.975	4.253	5.645
Notes Payable/Short Term Debt	0	0	0	0	0
Other Current Liabilities, Total	922.264	637.666	719.189	724.617	718.735
Total Liabilities	3060.09	2587.77	2721.49	2717.46	2756.94
Total Long Term Debt	1253.09	1252.42	1251.76	1251.1	1250.43
Long Term Debt	1253.09	1252.42	1251.76	1251.1	1250.43
Deferred Income Tax	68.253	69.283	69.238	69.858	67.925
Other Liabilities, Total	210.289	188.834	168.609	150.041	153.404
Total Equity	801.422	1018.49	1017.78	1322.69	1435.12
Common Stock	0.085	0.085	0.085	0.084	0.084
Additional Paid-In Capital	7045.65	6961.45	6869.65	6750.06	6616.27
Retained Earnings (Accumulated Deficit)	-5889.32	-5606.22	-5528.95	-5131.8	-4889.1
Treasury Stock - Common	-391.484	-373.317	-359.491	-332.133	-328.626
Other Equity, Total	36.488	36.488	36.488	36.488	36.488
Total Liabilities & Shareholders’ Equity	3861.52	3606.26	3739.27	4040.15	4192.05
Total Common Shares Outstanding	858.92	856.271	854.648	843.589	841.678
Note Receivable - Long Term					30.5

Annual
Quarterly

	2022	2021	2020	2019	2018
Net income/Starting Line	-1377.99	-1523.19	-1231.83	-142.734	-76.22
Cash From Operating Activities	-625.519	-419.508	-194.157	-46.578	-45.579
Cash From Operating Activities	169.252	121.138	77.41	13.636	7.499
Deferred Taxes	-73.407	-15.509	-2.279	0.054	0.019
Non-Cash Items	534.901	641.308	716.283	18.227	9.175
Cash Taxes Paid	10.366	5.632	1.442	0	0
Cash Interest Paid	0	0	0.417	0.26	0.261
Changes in Working Capital	121.722	356.75	246.264	64.239	13.948
Cash From Investing Activities	-208.766	-195.022	-227.341	-42.271	-26.672
Capital Expenditures	-96.432	-62.467	-39.241	-31.519	-26.421
Other Investing Cash Flow Items, Total	-112.334	-132.555	-188.1	-10.752	-0.251
Cash From Financing Activities	-16.732	1138.81	2306.3	79.776	140.892
Financing Cash Flow Items	0	0.416	651.069	0	0
Issuance (Retirement) of Stock, Net	-16.732	-109.628	1620.9	8.689	142.142
Issuance (Retirement) of Debt, Net	0	1248.03	34.327	71.087	-1.25
Foreign Exchange Effects	0	0.583	-0.358	0	0
Net Change in Cash	-851.017	524.866	1884.44	-9.073	68.641

	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022
Net income/Starting Line	-397.148	-1377.99	-1135.29	-684.796	-467.693
Cash From Operating Activities	-201.492	-625.519	-477.061	-529.303	-356.718
Cash From Operating Activities	48.213	169.252	120.629	74.54	32.225
Deferred Taxes	2.254	-73.407	-78.051	-76.656	0.256
Non-Cash Items	132.121	534.901	394.309	264.487	139.2
Cash Interest Paid	0	0			0
Changes in Working Capital	13.068	121.722	221.342	-106.878	-60.706
Cash From Investing Activities	-27.564	-208.766	-171.932	-147.468	-23.065
Capital Expenditures	-26.513	-96.432	-66.416	-43.876	-21.809
Other Investing Cash Flow Items, Total	-1.051	-112.334	-105.516	-103.592	-1.256
Cash From Financing Activities	-25.166	-16.732	-16.843	-12.531	-12.313
Issuance (Retirement) of Stock, Net	-25.166	-16.732	-16.843	-12.531	-12.313
Issuance (Retirement) of Debt, Net		0	0	0	0
Foreign Exchange Effects		0	0	0	0
Net Change in Cash	-254.222	-851.017	-665.836	-689.302	-392.096
Financing Cash Flow Items		0

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DraftKings Inc. Company profile

DraftKings (DKNG) is a daily fantasy sports and sports betting company based in Boston, Massachusetts, US. It also designs, develops, and licenses sports betting and casino gaming platform software for online and retail sportsbooks, as well as casino gaming goods.

Users can participate for prize money in fantasy sports-related events in five major American sports, including the Premier League and UEFA Champions League soccer, and NASCAR auto racing, on a daily and weekly basis.

Jason Robins, Matthew Kalish and Paul Liberman founded the company in 2012. The three founders were former employees of a Dutch e-commerce company, Vistaprint, which makes digital and physical marketing products for small businesses.

DraftKings went public on the Nasdaq on 24 April 2020 after a tri-merger with Diamond Eagle, a special purpose acquisition company (SPAC), and SBTech, a Bulgarian gambling technology firm.

Two years after it was founded, the company managed to grow its users’ base by more than 50% through acquisition of its rival DraftStreet in July 2014.

In November 2016, DraftKings and rival FanDuel agreed to merge, but the planned corporate action was terminated in July 2017. The Federal Trade Commission blocked the merger plan because the combined company would have controlled 90% of the market for daily fantasy sports.

In August 2018, the company launched DraftKings Sportsbook in New Jersey, following the repeal of the 1992 Professional and Amateur Sports Protection Act (PASPA), which allowed states to legalise online sports betting. DraftKings Sportsbook is available in 13 states in the United States as of February 2021, including New York, Illinois, Colorado and Tennessee.

DraftKings completed three merger and acquisition deals in 2021, including Vegas Sport Information Network Inc.

Industry:

Casinos & Gaming (NEC)

222 Berkeley Street
5th Floor
BOSTON
MASSACHUSETTS 02116
US

Income Statement

Annual
Quarterly

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